The New York Taxpayer and International Debt Crises Protection Act in the Evangelist

The Evangelist mentions Jubilee USA as the driving forces behind the passage of the New York Taxpayer and International Debt Crises Protection Act (S4747, A2970). Read an excerpt below, and click here for the full article.

A Catholic approach to global debt

By Walter Ayres

Earlier this month, Albany became the focus of a campaign to address the complicated issue of international debt in a way that is fair and just.

So I happily joined representatives of various faiths, advocacy groups and labor organizations for a rally at the Capitol in support of legislation that would, in the process, also address matters such as inflation, high-food costs and the reality that developing countries need debt relief as quickly as possible.

The focus of this concern is a bill known as the New York Taxpayer and International Debt Crises Protection Act (S4747, A2970), sponsored by Assemblymember Patricia Fahy. The New York State Catholic Conference supports the bill because “these debt relief initiatives have direct, positive effects for our trading partners, the legislation addresses U.S. inflation and economic and supply shocks and helps bring down the cost of eggs, flour, coffee and other commodities.”

 

Read here for more.